Philippine Nickel
Industry Association
PANIKIAN, Carrascal, Surigao del Sur – The fisherfolks of General Islands start their day like clockwork. According to Brgy. Chairman Ramil Flores, the day’s catch must be sold immediately. If possible, as soon they arrive from high seas to avoid spoilage. General Islands fisherfolk sell their catch at Cantillan town center, almost an hour away […]
CARRASCAL, Surigao del Sur — As part of the company’s emergency preparedness measures, Marcventures Mining and Development Corporation’s (MMDC) Safety Department recently held its company-wide fire drill. The activity is in line with MMDC’s emergency management system that emphasizes year-round training, equipping, exercising, evaluating, and taking corrective action to maintain the highest safety standards at […]
Platinum Group Metal Corporation provided 2,613 families from Barangay Cagdianao and Hayanggabon additional food assistance just in time for the Christmas season. Each of the families were provided 10 kilos of rice and assorted grocery items. The gifts were distributed with the help of the staff and officials of Barangay Cagdianao and Hayanggabon.
MANILA, Philippines — Listed Global Ferronickel Holdings Inc. (FNI) announced that proven and probable ore reserves at its Cagdianao site increased by 21 percent, allowing it to proceed with further exploration work. In a regulatory filing, FNI said ore reserves increased to 43.8 million wet metric tons as of the end of October as against […]
On the way to winning the company’s Presidential Mineral Industry Environment Award in Baguio City last month, the Agata Emergency Response Team sent its elite members to compete at the National Safety Competition and bested 10 other teams to be proclaimed Fire Brigade Champion.
DMCI Mining Corp., a unit of DMCI Holdings Inc., nearly doubled its net income in the first nine months of the year to P206 million from P106 million year-on-year, on shipments of higher-grade ore and increased nickel prices. DMCI Holdings said in a disclosure to the stock exchange nine-month revenues jumped 40 percent to P978 […]
Community stakeholders joined the strategic planning session for the five-year Social Development and Management Program (SDMP) of Marcventures Mining and Development Corporation (MMDC).
Marcventures Holdings Inc. is increasing its authorized capital stock to up to P7 billion from P4 billion in preparation for a possible fundraising activity. Marcventures said in a filing with the Philippine Stock Exchange it would seek shareholders’ approval to raise the capital stock P7 billion and create 100 million class of preferred shares with […]
CARRASCAL, Surigao del Sur — A total of 140 kilos of assorted garbage that would have washed out to the ocean were collected during a coastal cleanup on an island village in Cantilan town. The event was part of the International Coastal Cleanup activity, where over 200 volunteers from Marcventures Mining and Development Corporation (MMDC), […]
The country’s nickel mine production is expected to decrease by up to 20 percent next year due to various regulations set by the Department of Environment and Natural Resources (DENR) as well as the movement of nickel prices in the world market. “It’s likely that the production would be reduced [by] 10 to 20 percent,” […]